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Family Office

Alibaba co-founder tops China rich list

STAFF WRITER  |  THURSDAY, 25 SEP 2014
Alibaba co-founder Jack Ma has become China's richest person with a net worth of US$25 billion, according to a new survey.

Tight regulation getting in the way of digital advice: Minter Ellison

LAURA MILLAN  |  MONDAY, 22 SEP 2014
Advisers are being prevented from using sophisticated online tools to provide tailored information to their clients due to tight regulation, and instead can only use simple tools, Minter Ellison said.

Billionaires: How typical are you?

MARK SMITH  |  FRIDAY, 19 SEP 2014
The typical billionaire has a net worth of US$3.1 billion and is 63 years old, according to a new global wealth survey by Wealth-X and UBS.

ANZ Swiss partnership attracts $1bn from private clients

LAURA MILLAN  |  THURSDAY, 18 SEP 2014
ANZ's partnership with Vontobel to offer private clients access to the Swiss private bank's investment solution has attracted $1 billion in less than a year, ANZ Global Wealth chief executive Joyce Phillips said.

How to win family office mandates

MARK SMITH  |  WEDNESDAY, 17 SEP 2014
Don't even think about approaching a family office for an investment mandate if you don't have market beating returns and be prepared to wait years to earn their trust, a panel of family office executives has said.

Prominent families back Future Generation philanthropic fund

MARK SMITH  |  MONDAY, 15 SEP 2014
Mining magnate Andrew "Twiggy" Forrest and high profile manufacturing dynasty, the Smorgon family, are among the initial investors in the Future Generation Investment Fund, which has officially commenced trading on the ASX.

Wealthy investors bullish thanks to advice

MARK SMITH  |  THURSDAY, 11 SEP 2014
High net worth investor confidence is up, bucking a trend of lower confidence across the market as a whole, according to the latest Certitude Global Investments investor intentions (CGIII) survey.

Harvard receives record-breaking donation

MARK SMITH  |  TUESDAY, 9 SEP 2014
Harvard University has received a US$350 million gift from a prominent Hong Kong family, the largest single donation to be granted to the institution in its 378-year history.

Billionaire makers: The cities growing the world's wealthiest

MARK SMITH  |  FRIDAY, 22 AUG 2014
New York has topped the list of cities where the most billionaires were born, according to analysis by WealthInsight and Spear's magazine.

Giving through PAFs back to pre-crisis level

MARK SMITH  |  MONDAY, 18 AUG 2014
New donations into tax effective Private Ancillary Funds (PAFs), have risen 16% to $354 million in the year to 30 June, surpassing pre-crisis levels, according to the annual JBWere Giving Trends Report.